1543 W 22nd Place
Los Angeles, CA 90007
0
Bed
0
Bath
3,168Sqft
4,214Sqft(Lot)
1543 W 22nd Pl presents an opportunity to acquire a 4-unit value-add asset in a strong Central Los Angeles rental pocket near USC and Exposition Park. Offered at $849,000, or approximately $212,250 per unit, the property features attractive in-place income with meaningful upside through repositioning to market rents. Based on the offering figures provided, the asset is currently operating at a 4.78% cap rate and 13.16 GRM, with upside to a 9.41% pro forma cap rate and 8.09 pro forma GRM. The property is well located near USC’s University Park Campus and Exposition Park, one of Los Angeles’ most active cultural and entertainment hubs. Exposition Park is home to BMO Stadium, the California Science Center, the Natural History Museum, and the California African American Museum, creating lon
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1913Building Area Total: 3168Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 4214 Lot Size Acres: 0.0967 Lot Size Source: Assessor Lot Size Square Feet: 4,214 Lot Description: 0-1 Unit/Acre
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Listing Price Information
Listing Price: $849000Cash, Cash to New Loan, Conventional, FHA
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Tax Information
Parcel Number: 5054023032 Tax Lot: 6
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Virtual Tour
Parking Information
None
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Location Information
Direction: 10 Fwy to Normandie Ave, south to W 22nd St, right to W 22nd Pl. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 225 W Adams Boulevard, Los Angeles, CA, 90007 | $1,775,000 | -- | 16 | 8,540 | 8,540 SqFt |
| 1943 Estrella Avenue, Los Angeles, CA, 90007 | $1,350,000 | 8 | 4 | 5,458 | 5,458 SqFt |
| 1011 W 20th, Los Angeles, CA, 90007 | $1,350,000 | 7 | 4 | 2,511 | 2,511 SqFt |
| 2127 Portland Street, Los Angeles, CA, 90007 | $1,600,000 | 11 | 11 | 3,715 | 3,715 SqFt |
| 1017 W 24th Street, Los Angeles, CA, 90007 | $1,220,000 | 4 | -- | 3,104 | 3,104 SqFt |
| 721 W 30th Street, Los Angeles, CA, 90007 | $7,100,000 | 25 | -- | 12,928 | 12,928 SqFt |
| 1276 W 22nd St, Los Angeles, CA, 90007 | $1,290,000 | -- | -- | -- | |
| 1213 W 24th, Los Angeles, CA, 90007 | $2,138,000 | -- | -- | 3,167 | 3,167 SqFt |
| 1236 W 24th, Los Angeles, CA, 90007 | $899,000 | 7 | 4 | 1,850 | 1,850 SqFt |
| 1237 W 25th Street, Los Angeles, CA, 90007 | $2,950,000 | 19 | -- | 6,500 | 6,500 SqFt |
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ByOwner last updated this listing 08/11/2026 @ 12:45
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